Systems and Methods for Insurance Design Using Standard Insurance Contexts and Factors
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United States of America Patent
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Issued Date -
Aug 11, 2016
app pub date -
Aug 23, 2013
filing date -
Aug 23, 2013
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Abstract
A computer-implemented method for creating an insurance design is disclosed, The method includes defining a plurality of factors, and associating the plurality of factors with at least one insurance context. The method further includes providing a list of associated factors upon a selection of the insurance context. Computer-implemented method for creating an insurance coverage and an insurance product are also disclosed. The methods include providing a list of factors associated with a plurality of user-selected insurance contexts, and determining the insurance coverage or insurance product based on the list of factors.
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